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Wall Street inches slightly higher, oil prices fall again on hopes for an end to Iran war
U.S. markets edged slightly higher while oil prices fell following a tentative U.S.-Iran agreement to end their conflict. The deal remains uncertain as Iran demands Israel withdraw from Lebanon, a condition Israel has rejected. Oil prices declined on expectations of a reopened Strait of Hormuz, though energy sector stocks weakened and travel-related companies gained.
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Adjacent reporting
- Stocks soar, oil prices fall on tentative agreement to end Iran war
- U.S. oil prices decline as hopes grow for a peace deal arriving soon
- Oil prices tumble amid hopes strait of Hormuz will soon reopen
- Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
- Oil prices fall on US, Iran deal announcement